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Auto Insurance Primers
Wednesday 28 November 2007
When is the damage to my vehicle considered a 'Total Loss'?
Wednesday 28 November 2007
| Total Loss refers to accident damage to the vehicle where the cost of repairs amounts to more than 75 per cent of the vehicle's Insured's Declared Value (IDV) mentioned in the car insurance policy. See Also: Voluntary Deductibles and Compulsory Excesses What are the risks covered by the Third Party policy? What are the risks covered by the Comprehensive policy? What are the different types of Personal Accident Covers available for drivers and passengers? Motor Insurance FAQs on Claims Motor Insurance FAQs on Coverage |
